Business Cash
Advance
For
many years many small business owners have falsely believed that the bank is the only place to go for Small Business Financing. This fallacious idea has caused myriad borrowers to deal with the agony of fixed monthly payments putting up precious property
as collateral, time consuming business plan preparations and proposals and strict restrictions on fund usage.
Today Small Business Owners are being provided
with an innovative method of financing that allows them to circumvent the inconveniences of traditional bank loans and the
woes of unsuccessfully searching for business financing. Business Cash Advance is a realistic alternative to traditional bank
loan.
Business Cash Advance is innovative
in all aspects, from application and approval, to funding, repayment and renewal.
Application
We do not ask for your life story when you
apply for a Business Cash Advance. We have a simple 2-page application that requires basic information about your business.
Since there is no restriction on how you use
the funds there is no requirement that you provide a business plan.
Approval
When you submit your application
along with the last four months of your merchant statements, it will be reviewed immediately. You will get a call from a funding
specialist within 48 hours, informing you of the status of your application.
Funding
Once you are approved you can have the account of your choice funded in as little
as 7 business days. Then you are free to use the funds any way you chose.
Repayment
The repayment procedure is one of the most unique features of Business Cash
Advance. The only time you make a payment is when your business process credit cards sales. When customers pay using credit
cards a small percentage of the sale is deducted and applied to your Business Cash Advance payment. You never have
to make fixed monthly payments
This process continues until the balance is entirely paid off and there are no
penalties or fees. Regardless of how slow your business cash advance is repaid.
Renewal
Anyone who receives a Business Cash Advance has the option to renew
their funds when 60% of their current advance has been paid off. Most borrowers reach 60% repayment completion approximately
three to four months after funding. When you renew your funds you do not need to complete another application. Just sign a
few documents and you can have your renewed funds in as little a 24 hours
